SDLT: chargeable consideration | Practical Law

SDLT: chargeable consideration | Practical Law

This practice note considers the meaning of chargeable consideration, which includes cash and non-monetary payments, for SDLT purposes. It discusses the rules that apply a market value consideration to certain transactions, how consideration is apportioned, the treatment of contingent, uncertain and unascertained consideration, and when the SDLT payment may be deferred.

SDLT: chargeable consideration

Practical Law UK Practice Note w-006-4217 (Approx. 35 pages)

SDLT: chargeable consideration

by Practical Law Tax, based on material originally contributed by Ashurst LLP, and reviewed by Hugo Jenney and Kate Worthington, Stephenson Harwood LLP
Maintained • England, Northern Ireland
This practice note considers the meaning of chargeable consideration, which includes cash and non-monetary payments, for SDLT purposes. It discusses the rules that apply a market value consideration to certain transactions, how consideration is apportioned, the treatment of contingent, uncertain and unascertained consideration, and when the SDLT payment may be deferred.